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401 Main St Caldwell, ID 83605-3238

OFF-MARKET Commercial real estate Google Maps
0.41 ac lot
Trust Owned 4-yr Hold Free & Clear
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US27-0183376

Property summary

AI-generated overview

This exceptional 23,652-square-foot industrial building, situated on a 0.41-acre lot in the heart of Caldwell, Idaho, presents a unique investment opportunity. Built in 1924 and boasting four stories, this mixed-use property is zoned CC, offering versatile potential for various commercial applications. The building features one dock-high door, ample parking, and benefits from a recently replaced roof (2022). Its robust electrical system includes 800 AMP 3-phase 240V power. The property's prime location offers fantastic views and is conveniently located just three minutes from I-84 access and two blocks from Indian Creek Plaza, providing easy access to major transportation routes and nearby amenities. The surrounding area is vibrant, with numerous restaurants and shopping options within easy reach. This freestanding building offers a rare chance to own a piece of Caldwell's history while capitalizing on the city's growth and potential. The asking price is $3,399,000, translating to $143.71 per square foot. Furthermore, the City of Caldwell offers available incentives, making this an even more attractive proposition for discerning investors. This property is ready for immediate occupancy and offers significant upside potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.41 ac (17,860 SF)
APN 05077000 0
UPID US27-0183376

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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